Auction Status

Auctions are assigned a different status that is determined by which stage the auction is in.  The status will be located next to title when working within an auction or on the affiliate dashboard.  

Below are all the possible auction status and a brief explanation.  

Auction Status	Stage	Description
Unsaved	Prior to posting	Initial state. From this status can only transition to Draft. Or can be abandoned and never saved to Draft.
Draft	Prior to posting	The auction is in a draft state. It will stay in this state until it is either published or deleted. Bidders can not see an auction in draft status.
Deleted	Prior to posting	The auction was deleted. Bidders will not be able to see a deleted auction.
Needs Review	Prior to posting	The auction is published but on hold pending a review by K-BID.
Pending	Prior to posting	The auction is published and has a start date in the future.
Active	Auction is live	The auction is published and its start date is in the past. The auction is now live and open to bidding.
Impending Close	Auction is live	Auction is within 6 hours of its scheduled close time. Within this status auctions are locked and no adjustments can be made.
Closing	Auction is live	Auction has reached its scheduled close. At least one item is closing and at least one item is not fully closed.
Closed	Auction Closed	All items in the auction have closed. This, like Closing, is dependent on extended bidding and staggered close logic at the Auction Item level.
Invoices Generated	Auction Closed	The invoices have been generated. This sends win notifications to the winning bidders and places the invoice in their dashboard.
Invoices Processed	Auction Closed	All invoices have been processed - meaning they have been marked Paid(cash), Paid(credit), No-Sale or No-Show.
Settled	Auction Closed	Affiliate triggered status after all invoices have been processed. Meaning that the affiliate has settled this auction with the seller(s) and no longer needs to actively work within the auction. All auction functions are still available within this status.